Payments News

Nearly Half Of Global Firms Fail At Payment Security

Sep 01, 2017

It’s a good news/bad news sort of day for the progress of securing payments around the world via the PCI DSS standards, according to new data released by Verizon.

The good news is that an ever-increasing number of firms around the world are getting into the groove with the Payment Card Industry Data Security Standard (PCI DSS) — according to the recently released figures, 55.4 percent of organizations complied with PCI when validated in 2016, up from 48.4 percent in 2015.